Half Year Results Presentation

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Stock New Hope Corporation Ltd (NHC.ASX)
Release Time 17 Mar 2026, 8:21 a.m.
Price Sensitive Yes
 New Hope Corporation Ltd Announces FY26 Half Year Results
Key Points
  • 18.0% increase in safety TRIFR, with New Acland Mine restarting operations
  • 4.3% decrease in ROM coal production, 0.4% increase in saleable coal production
  • 58.5% decrease in underlying EBITDA, 84.0% decrease in NPAT
Full Summary

New Hope Corporation Ltd has announced its FY26 half-year results, reporting a 18.0% increase in safety TRIFR, 4.3% decrease in ROM coal production, 0.4% increase in saleable coal production, 58.5% decrease in underlying EBITDA, 41.6% decrease in cash flow from operations, and 84.0% decrease in NPAT compared to the previous comparative period. The company has declared a fully franked interim dividend of 10.0 cents per share. New Hope is focused on maintaining its existing operations, growing organically through the New Acland Mine and Maxwell Mine projects, and exploring continuation of operations at the Bengalla Mine. The company's capital management strategy includes sustaining capital, growth capital, and maximizing shareholder returns through dividends and share buybacks.

Guidance

New Hope provided FY26 guidance for the following key metrics: ROM coal production of 15,700 - 17,700 kt, saleable coal production of 10,200 - 11,500 kt, and coal sales of 10,200 - 11,500 kt. For the Bengalla Mine, the company expects ROM coal production of 9,400 - 10,200 kt, saleable coal production of 7,400 - 8,100 kt, and FOB cash costs (excluding royalties) of A$81 - A$89 per sales tonne. For the New Acland Mine, the company expects ROM coal production of 6,300 - 7,500 kt and saleable coal production of 2,800 - 3,400 kt.